500 Orange Avenue CirBelle Glade, FL 33430

Property Details for 500 Orange Avenue Cir

Year built

1998

Construction

STEEL FRAME

Lot size

100.15 AC

Property size (Sq ft)

6,720 SF

Zone code

I-2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

04-37-43-19-00-000-1100

APU

4374319000001100

Description

This exceptional 217,800 square foot industrial property in Belle Glade, Florida, presents a remarkable investment opportunity. Situated on a 10-acre lot (with the option to acquire an additional 5 acres), this vacant site boasts Heavy Industrial I-2 zoning, offering unparalleled flexibility for various uses including distribution, flex, and manufacturing. The property's strategic location within a Heavy Industrial Park provides easy access to major transportation arteries such as US-27, Southern Boulevard, 441, and I-80, ensuring seamless logistics. Its proximity to the railroad further enhances its operational efficiency. The asking price is $5,900,000. Detailed surveys and Belle Glade permitted zoning lists are available upon request. This is a rare chance to secure a substantial industrial holding in Palm Beach County with exceptional zoning and convenient access to key transportation networks. The property's size and zoning make it ideal for a wide range of industrial operations. Don't miss this opportunity to acquire a prime piece of industrial real estate in a rapidly growing area. The APN is 04374319000005030.

• CAP approach

  CAP return

  Valuation

  6%

  $3,036,897

  6.5%

  $2,803,290

  7%

  $2,603,055

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,710,812

  Geo Method

  $4,710,812

• Alternative Use

  Use

  Valuation

  Residential

  $2,364,680

  Hospitality

  $2,166,034

  Educational

  $1,802,115

  Medical

  $1,864,092

  Retail

  $2,803,290

Location Insight

City

Belle Glade

County

Palm Beach

State

Florida

Latitude

26.7189

Longitude

-80.6736

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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